Investing in Argentina Real Estate
Argentina real estate currently has more opportunity for price appreciation than ever before. After its economic crisis in 2002, the value of the peso dropped dramatically, taking property values with it. Since then, Argentina's real estate values and rapidly recovering economy have been some of the fastest growing in the world; averaging an 8% growth rate for the past 6 years. This robust recovery has sent property prices to appreciate roughly 50% since 2002. Economic growth rate projections for 2008 anticipate a persisting upward progression, and investors in Argentina's real estate market optimistically expect a continued boom.At one time comparable with many World-Class Cities, properties in Buenos Aires' most beautiful and prized neighborhoods are now selling for 7-10 times less than those found in analogous upscale neighborhoods in London, Paris, and New York. If one were to travel outside Argentina's capital city, the price contrast in many cases is even greater. A prime tourism destination such as Mendoza, Argentina's own "Napa Valley" has experienced its own real estate boom over the past decade in both the residential sector as well as independent wineries.
Although based in New York, our offices in Buenos Aires and San Rafael, Mendoza allow us an unequivocal advantage in terms of investing in Argentina real estate, which has become a widely popular investment venture among the well-informed foreign investment community. Real estate trends come and go, and entrepreneurs around the world are taking advantage of Argentina's unparalleled real estate opportunities while they can. Now is the time to seek investment possibilities.
IPG provides you access to institutional Argentina real estate opportunities in Buenos Aires and Mendoza, Argentina under our exclusive brand identity: Algodon. We offer you more than just an exciting real estate venture; we offer an opportunity to invest with the developer and share our vision in Argentina real estate.